We’ve recently updated our valuation analysis.

Good Energy Group Valuation

Is GOOD undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for GOOD?

Other financial metrics that can be useful for relative valuation.

GOOD key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.09x
Enterprise Value/EBITDA-28.2x
PEG Ration/a

Price to Sales Ratio vs Peers

How does GOOD's PS Ratio compare to its peers?

The above table shows the PS ratio for GOOD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.4x
YU. Yü Group
0.2x19.0%UK£47.9m
GLO ContourGlobal
0.8x-0.04%UK£1.6b
DRX Drax Group
0.4x0.6%UK£2.5b
FCRM Fulcrum Utility Services
0.3xn/aUK£17.0m
GOOD Good Energy Group
0.2x0.4%UK£33.6m

Price-To-Sales vs Peers: GOOD is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (0.4x).


Price to Earnings Ratio vs Industry

How does GOOD's PE Ratio compare vs other companies in the European Renewable Energy Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-0.7%
n/an/an/a

Price-To-Sales vs Industry: GOOD is good value based on its Price-To-Sales Ratio (0.2x) compared to the European Renewable Energy industry average (4x)


Price to Sales Ratio vs Fair Ratio

What is GOOD's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

GOOD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ratio0.3x

Price-To-Sales vs Fair Ratio: GOOD is good value based on its Price-To-Sales Ratio (0.2x) compared to the estimated Fair Price-To-Sales Ratio (0.3x).


Share Price vs Fair Value

What is the Fair Price of GOOD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: GOOD (£2.03) is trading below our estimate of fair value (£6.82)

Significantly Below Fair Value: GOOD is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst GOOD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUK£2.03
UK£4.40
+117.3%
8.0%UK£4.75UK£4.05n/a2
Nov ’23UK£2.15
UK£4.40
+104.7%
8.0%UK£4.75UK£4.05n/a2
Oct ’23UK£2.33
UK£4.40
+89.2%
8.0%UK£4.75UK£4.05n/a2
Sep ’23UK£2.40
UK£4.75
+97.9%
0%UK£4.75UK£4.75n/a1
Aug ’23UK£2.43
UK£4.28
+76.3%
11.1%UK£4.75UK£3.80n/a2
Jul ’23UK£2.58
UK£4.28
+66.0%
11.1%UK£4.75UK£3.80n/a2
Jun ’23UK£2.49
UK£4.28
+72.0%
11.1%UK£4.75UK£3.80n/a2
May ’23UK£2.45
UK£4.28
+74.5%
11.1%UK£4.75UK£3.80n/a2
Apr ’23UK£2.65
UK£4.75
+79.2%
0%UK£4.75UK£4.75n/a1
Mar ’23UK£2.70
UK£4.35
+61.1%
9.2%UK£4.75UK£3.95n/a2
Feb ’23UK£2.46
UK£4.35
+77.2%
9.2%UK£4.75UK£3.95n/a2
Jan ’23UK£2.43
UK£4.30
+77.3%
4.7%UK£4.50UK£4.10n/a2
Dec ’22UK£2.70
UK£4.38
+62.0%
2.9%UK£4.50UK£4.25n/a2
Nov ’22UK£3.45
UK£4.38
+26.8%
2.9%UK£4.50UK£4.25UK£2.152
Oct ’22UK£3.50
UK£3.10
-11.4%
0%UK£3.10UK£3.10UK£2.331
Sep ’22UK£3.25
UK£3.10
-4.5%
0%UK£3.10UK£3.10UK£2.401
Aug ’22UK£3.24
UK£3.10
-4.3%
0%UK£3.10UK£3.10UK£2.431
Jul ’22UK£2.86
UK£3.80
+32.9%
18.4%UK£4.50UK£3.10UK£2.582
Jun ’22UK£2.84
UK£3.80
+34.0%
18.4%UK£4.50UK£3.10UK£2.492
May ’22UK£2.82
UK£3.80
+35.0%
18.4%UK£4.50UK£3.10UK£2.452
Apr ’22UK£2.24
UK£3.53
+57.4%
20.6%UK£4.25UK£2.80UK£2.652
Mar ’22UK£1.96
UK£3.53
+79.8%
20.6%UK£4.25UK£2.80UK£2.702
Feb ’22UK£1.79
UK£3.25
+81.6%
30.8%UK£4.25UK£2.25UK£2.462
Jan ’22UK£1.78
UK£3.00
+68.5%
25.0%UK£3.75UK£2.25UK£2.432
Dec ’21UK£1.84
UK£3.00
+63.0%
25.0%UK£3.75UK£2.25UK£2.702
Nov ’21UK£1.64
UK£3.00
+82.9%
25.0%UK£3.75UK£2.25UK£3.452

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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